Almost every buyer is worried that they’ll pay too much for a house. Here’s a plain and simple fact: A buyer will NOT pay more than the fair market value of the house unless they so CHOOSE. Here’s why: In the most simplistic terms, in a capitalistic economy, the fair market value of a particular […]
Tag: appraisal
• Pricing a Home Part 1 – the List Price
When I speak with a potential home seller, the obvious issue that comes up is price. I feel that, in the process of the sale, there are really three prices involved: The list price, the selling (contract) price, and the appraisal price. In an ideal world, all three of these are the same. It doesn’t […]